Etini
Valued Contributor
E- contracts is a kind of contract that is prepared, transmitted and executed through electronic means. Most tech savvy businesses are switching to E- Contracts. Let's look into the advantages that adoption of E- Contracts has for businesses.
1) With E- Contracts, deals are deliberated and closed faster. That's because the bottlenecks of having to send physical copies through logistics services are completely removed from the process.
2) With E- Contracts, the cost of closing a deal is greatly reduced. Having to print and send contracts through logistics services significantly add to the cost of closing a deal.
3) With E- Contracts, there is security of details of contracts because access is restricted through encryption, unlike traditional physical contracts that a little glitch can give access to the wrong persons.
1) With E- Contracts, deals are deliberated and closed faster. That's because the bottlenecks of having to send physical copies through logistics services are completely removed from the process.
2) With E- Contracts, the cost of closing a deal is greatly reduced. Having to print and send contracts through logistics services significantly add to the cost of closing a deal.
3) With E- Contracts, there is security of details of contracts because access is restricted through encryption, unlike traditional physical contracts that a little glitch can give access to the wrong persons.
